Oct 21, 2011

"Greek Crisis Will Be Remembered as a Success Story"

Italy’s former EU Commissioner and president of Bocconi University, Mario Monti, speaking at the launch event of EurActiv Italy said there is no crisis of the euro, because the symptoms of a weak currency, inflation and exchange rate, are not there. Instead of this, Europe is going through a public debt and banking crisis, which can be tackled through rigorous structural reforms. “Even if Greece will not do all that Germany asks, they are putting in place the restructuring of their own rules, which is what Germany asked.” [quote]
Greeks are intent on an attack on nepotism and corruption which have destabilised the country.

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